Settings8H · net · $10k
Funding arb · Price arb /

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0760%/8h= +83.2% APRnext payment +$0.95 per $10,000 · paid last 24h +0.224%
Price spread now: Lighter against 01 Exchange+0.461%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and Lighter is 0.461% dearer against 01 Exchange than usual: you sell high and buy low: +$46 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange NEARUSD4.54820.0392pay 0.0049% / 1h11m 02s$13K$7K10x
ShortLighter NEAR4.56910.1152get 0.0144% / 1h11m 02s$18.3M$26.8M15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against 01 Exchange. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$159.6
Price spread: +0.461% → 0.000%
$46.06
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Lighter: 0 bp × 2 orders
$0
Net
$198.66
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: 01 Exchange: no order-book sample; Lighter: live order book, 8 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy 01 Exchange no order-book sample
Sell Lighter live order book, 8 min ago2.50 bp2.8 bp −$317.7 bp −$17784.5 bp −$8,446doesn't fit
01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

NEAR on 45 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya NEARRUSDPERP−0.0171%1h4.5673+0.420%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0016%1h4.5587+0.231%$2.3M$15.7M50xas long as short
dYdX NEAR-USD0.0000%1h4.5654+0.378%$113K$70K10xas long as short
Kalshi KXNEARPERP0.0000%8h4.5661+0.394%$513K$21.2M2.2xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0006%1h4.5579+0.212%$170K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−8.953%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.5630+0.325%$115K$513K50xas long as short
Pacifica NEAR+0.0100%1h4.5641+0.349%$435K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.5440−0.092%$278.3M$1.11B75xas long as short
Bybit NEARUSDT+0.0100%8h4.5369−0.248%$227.3M$425.0M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NEAR-USDT-SWAP+0.0100%8h4.5300−0.400%$65.6M$307.8M50xas long as short
Bulk NEAR-USD+0.0100%1h4.5467−0.034%$259K−$010xas long as short
Gate NEAR_USDT+0.0100%8h4.5475−0.015%$33.0M$64.7M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.5520+0.084%$78.4M$147.7M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.5510+0.062%$55.9M$45.6M75xas long as short
Bitget NEARUSDT+0.0100%8h4.5472−0.022%$74.9M$129.6M75xas long as short
BingX NEAR-USDC+0.0100%8h4.5480−0.004%$6.6Mas long as short
Variational Omni NEAR+0.0100%8h4.5696+0.471%$8.8M$18.3Mas long as short
edgeX NEARUSDC+0.0100%4h4.5692+0.462%$274K$974K20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.5655+0.379%$1.5M$1.4M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.5670+0.413%$176K$796K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.5715+0.512%$216K$3.8M10xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.5637+0.341%$58K$237K20xas long as short
SunX NEAR-USDT+0.0100%8h4.5700+0.479%$2K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.5625+0.314%$9K$54K10xas long as short
HTX NEAR-USDT+0.0100%8h4.5700+0.479%$471K$4.1M75xas long as short
Phemex NEARUSDT+0.0100%8h4.5500+0.040%$3.9M$8.3M50xas long as short
Paradex NEAR-USD-PERP+0.0102%8h4.5547+0.143%$33K$60810xas long as short
Aevo NEAR-PERP+0.0104%1h4.5612+0.286%$212K$40K3xas long as short
Extended NEAR-USD+0.0136%1h4.5599+0.256%$4.3M$19.3M25xas long as short
BloFin NEAR-USDT+0.0220%8h4.5590+0.237%$14.1M$34.1M75xas long as short
Aster NEARUSDT+0.0304%8h4.5618+0.300%$3.1M$5.5M50xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0362% / S −0.0249%1h4.5580+0.215%$275K100xas long as short
Nado NEAR-PERP+0.0391%1h4.5670+0.413%$2.0M$3.2M10xas long as short
01 Exchange NEARUSDlong+0.0392%1h4.5482long leg$13K$7K10x
Arcus NEAR-USD+0.0410%1h4.5750+0.589%$222K$1.7M10xas long as short
Backpack NEAR_USDC_PERP+0.0585%1h4.5527+0.099%$1.4M$6.7M20xas long as short
Kraken Futures PF_NEARUSD+0.0675%1h4.5653+0.375%$8.5M$41.3M50xas long as short
Lighter RH NEAR+0.0720%1h4.5652+0.374%$1.6M$7.1M10xas long as short
Hyperliquid NEAR+0.0817%1h4.5546+0.141%$381.6M$321.6M10xas long as short
Phoenix NEAR+0.0855%1h4.5621+0.306%$1.9M$2.7M10xas long as short
RISEx NEAR/USDC+0.0924%1h4.5684+0.445%$578K$1.4M10xas long as short
Deribit NEAR_USDC-PERPETUAL+0.1000%1h4.5664+0.400%$2.0M$4.5M25xas long as short
Lighter NEARshort+0.1152%1h4.5691+0.461%$18.3M$26.8M15x
Aftermath Perps NEARUSD+0.1604%1h4.5520+0.083%$6K$12K10xas long as short